Blog 2
Hi, This is cryptomom again.
As a crypto enthusiast, I've been working and watching the crypto market closely and you know, I'm sharing all that I notice and happening in the market.
Did you know? As of 2023, global crypto ownership average rate is only 4.2%, with over 420 million crypto users.
Isn't it fascinating to know?
I'm going to keep the crypto talk very light and detailed emphasizing on some of the best practices that I have noticed recently on YouTube, CoinMarketCap, CoinGecko and Telegram channels.
I watch some of the leading crypto YouTube channels who share all that is happening in the world of BitCoin and other crypto currencies.
Cryptonews alerts - Did you subscribe to it ?
It's really good.
It shares all about Bitcoin market price, volume, the big investors like Micro Strategy, what they opine and even the buzz around the world.
This is great.
I also watch The Moon Crypto.
• The big crypto investors, they share a lot about what's happening with Bitcoin, and the best time to buy and sell.
• They're also the best helping you with some of the top leading tips to buy and sell Bitcoin and also market dynamics.
• Alright ! We watch and read so much of content online about crypto.
• But what are the best investment strategies to practice steadily to gain profits in various crypto investments?
• What are the best investment strategies available to choose?
• These are so important in order to be able to go on with your Bitcoin, ETH, BNB, XRP, Shiba Inu and many other.
• Any guess on how many crypto currencies are available to buy, sell and invest?
• As of 2023, there are more 23,000 crypto currencies are available.
So, here's a big question.
• From my experience for the past one year, that I started investing small back 2022 and I saw that buying and selling has made instant profit.
• But the formula of HODL (Hold On for Dear Life) has worked really well for me in 2023.
• I invested on Binance app.
• It works great.
• Binance app and website are very well organized and even work perfect for beginners like me.
• I checked Binance Simple Earn which offer flexible plans to withdraw your investment anytime you like.
So, I invested in BNB, ETH, BTC, PolkaDot, SOL, CHR, RPL, APT, APE and many other.
• Some of these you can stake it for a certain period of time or you can choose flexible plan.
• On your investment, you earn daily and the daily profit is available in your spot account.
• The option of AutoSubscribe allows Binance to reinvest your investment+profit back into flexible plan to bring you more earnings.
• This is very simple, but works for long-term.
• The option of withdrawal is always available at your discretion.
Next, on Binance you can choose cloud mining.
Binance periodically announces cloud mining products with specific details such as:
• Mining Duration
• Purchase Every 1TH/s
• cost
• Estimated output during Mining
• We'll discuss how Binance Cloud Mining works in our next blog post.
• But for now, I'm sharing all of my Binance cloud mining orders that I placed recently and it has worked successfully.
• There are many tips to follow while choose cloud mining products on BInance.
• I'll share with you in my next blog post.
• For the entire mining duration, a portion of your profits will be available in your Binance Funding account and you can actually check on a daily basis, your cloud mining earnings.
• While some say, that you can earn passive income to big chunk of savings, it is definitely upto you, how much you want to invest and reap small or big.
• But this is a very convenient way of participating in cloud mining and steadily receive your rewards.
• At the end of cloud mining duration, your order goes inactive.
• But you can continue to invest in new cloud mining products that Binance makes it available.
• This is another investment strategy that is simple and a reliable source to earn passive income for sure.
Buy and Sell crypto as per the day's Gainers - Losers and Hot performers. These are indicated in green.
The following simple steps help you to start trading earning daily profits:
• Choose from Hot and Gainers crypto currencies
• Place an order for buying
• Ensure to keep crypto in Spot account to be able buy.
• Watch the performance of the crypto that you just bought.
• Did you buy in the morning or afternoon?
• Sell it by the market price while it is still indicating green enabling you reap rewards.
• Few crypto enthusiasts fear about losing funds in this trading strategy.
• This is why, choosing the investment strategy from the daily market gainers is the best as it allows you to earn more profits within few hours.
• Try and see with an initial investment.
• As you earn some profits, learn to do it as a good practice. Because, you have the support of the market.
Binance offers
• Dual Investment
• Liquidity farming
• Simple earn
• Locked crypto investment
• Auto-invest
• Each of the crypto investment products have a distinct way of earning rewards.
• The world of crypto is gigantic and there are many paths where you can earn rich rewards, if you hold your investment with patience.
• What is quite significant here is that, you must be prepared to take good research at every step such as in calculation of rewards and profits, conversions of one crypto to another, profitability etc.
• First you must feel satisfied with the benefits of each investment that you check on.
• If you are not satisfied or if the investment plan does not appeal to you, it is better to skip.
• Sometimes, you can invest a little and watch its performance.
• Depending on the buying volume, the crypocurrencies go bullish or bearish.
• A bull market allows the crypto currencies to rise.
• A bear market declines the crypto value.
• You need to study indepth and research the market before you go opt for either bull or bear market.
• But always remember - it is the investors who make the crypto king or queen. That is the volume of buying and • selling determines the success, rise and fall of a particular crypto currency.
• I hope you found this blog post valuable.
• I'll be publishing next blog post on cloud mining soon.
• Until then, take care and keep working on crypto.
The price of Bitcoin (BTC) moves along with the fundamentals, data and news.
But there's also one more important aspect and that is the investor sentiment and emotion.
• When investors are afraid - They sell
• When investors are experiencing greed - They buy
• When there's high uncertainty , the market goes volatile.
• When there's stability, you notice lower volatility
In my next blog post, I'm going discuss about cloud mining and stay tuned until then. Please keep visiting cryptomom blog and post your comments.